Miller Financial Services LLC Invests $205,000 in Zebra Technologies Corporation $ZBRA

Miller Financial Services LLC acquired a new stake in Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 665 shares of the industrial products company’s stock, valued at approximately $205,000.

A number of other large investors also recently bought and sold shares of ZBRA. Teachers Retirement System of The State of Kentucky increased its position in shares of Zebra Technologies by 3.1% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 3,979 shares of the industrial products company’s stock valued at $1,124,000 after acquiring an additional 120 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Zebra Technologies during the 1st quarter worth approximately $1,205,000. Machina Capital S.A.S. boosted its position in shares of Zebra Technologies by 194.3% during the 1st quarter. Machina Capital S.A.S. now owns 8,273 shares of the industrial products company’s stock worth $2,338,000 after purchasing an additional 5,462 shares during the period. Carnegie Investment Counsel increased its holdings in Zebra Technologies by 20.5% in the 1st quarter. Carnegie Investment Counsel now owns 54,721 shares of the industrial products company’s stock valued at $15,462,000 after purchasing an additional 9,322 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Zebra Technologies by 7.5% in the first quarter. Avantax Advisory Services Inc. now owns 2,248 shares of the industrial products company’s stock valued at $635,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $230.93 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The firm’s 50 day moving average is $287.35 and its two-hundred day moving average is $300.68. The firm has a market capitalization of $11.70 billion, a P/E ratio of 23.28 and a beta of 1.80.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm earned $3.49 EPS. The company’s revenue was up 5.2% compared to the same quarter last year. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has initiated a stock repurchase program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ZBRA. Truist Financial dropped their price objective on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research note on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. Morgan Stanley increased their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Citigroup lowered their price objective on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Finally, Zacks Research downgraded shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.

Check Out Our Latest Stock Analysis on Zebra Technologies

Zebra Technologies Company Profile

(Free Report)

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.

Further Reading

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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